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Eur/Usd has largely consolidated in a...>

EURO-DOLLAR
EURO-DOLLAR: Eur/Usd has largely consolidated in a narrow 25 pip European
morning range. Coming up ECB Gov. Council member Jens Weidmann and Buba Board
member Carl-Ludwig Thiele participate in a press conference Publication of the
Financial Statements 2017", in Frankfurt from 1000GMT. Buba Board member Joachim
Wuermeling participates in discussion at the 2nd Annual Conference on FinTech
and Digital Innovation, in Brussels at 1030GMT. Focus then turns to the release
of German CPI at 1300GMT (MNI median 1.5%), followed by Federal Reserve Chair
Jerome Powell's semi-annual monetary policy statement to be released at 1330GMT,
before he appears in front of the House Financial Services Committee at 1500GMT.
Eur/Usd last $1.2338. 

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